As it stands, the current Salary cap is at $59.4 million and the floor is at $43.4 million. According to Forbes (http://www.forbes.com/lists/2010/31/hockey-valuations-10_Atlanta-Thrashers_317422.html) their revenues are about $71 million.
The Revenues of the Edmonton Oilers are only bringing in $87 million, however as it is right now they do not own their building, and I'm not sure if they keep the revenue from food/beverage sales, or if that is done by a completely different company. The city of Edmonton also has a metro population of about 1.1million compared to Winnipeg that sits around 700,000.
According to the Oilers Forbes (http://www.forbes.com/lists/2010/31/hockey-valuations-10_Edmonton-Oilers_314229.html), the Flames have an additional $15-$20 million in revenue due to other events being in the building that they get to keep. These additional revenues however would not go towards the cap figures obviously.
I am going to guestimate that the benefits of owning their own building in Winnipeg will roughly balance out the fact that their attendence compared to Edmonton will be about 1000 less per game based on seating capacity.
I guess the question is - How much more additional revenue should we expect from the franchise once it moves to Winnipeg? I'm assuming that a quick calculation of 54% of that additional revenue divided by 30 teams would give us a rough estimate of how much additional cap space this move would give the NHL?
Does that sound reasonable? Anyone care to guess on how much that might be?
The Revenues of the Edmonton Oilers are only bringing in $87 million, however as it is right now they do not own their building, and I'm not sure if they keep the revenue from food/beverage sales, or if that is done by a completely different company. The city of Edmonton also has a metro population of about 1.1million compared to Winnipeg that sits around 700,000.
According to the Oilers Forbes (http://www.forbes.com/lists/2010/31/hockey-valuations-10_Edmonton-Oilers_314229.html), the Flames have an additional $15-$20 million in revenue due to other events being in the building that they get to keep. These additional revenues however would not go towards the cap figures obviously.
I am going to guestimate that the benefits of owning their own building in Winnipeg will roughly balance out the fact that their attendence compared to Edmonton will be about 1000 less per game based on seating capacity.
I guess the question is - How much more additional revenue should we expect from the franchise once it moves to Winnipeg? I'm assuming that a quick calculation of 54% of that additional revenue divided by 30 teams would give us a rough estimate of how much additional cap space this move would give the NHL?
Does that sound reasonable? Anyone care to guess on how much that might be?
